This is a speculative pricing model of future BTCUSD prices during the year 2017...
This is the very lowest risk, near 100% certainty of hitting our 2018 New Years Day Price of 2095!!
For conservative investors only - Risk Tolerance: 0
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Keep in mind due to my anal nature I was unable to include the wicks as the white trend lines i was going to create them with did not line up with the candles...
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I should likely have updated sooner but was unable due to silly unpaid moderators...
I had been comfortable enough to trade this and could have been quite "rekt" had I not noticed an article on a well known crypto website calling for a near certain drop using similar reasoning... That article alone convinced me to reverse all trades to longs and fortunately the cynical thinking of an experienced trader saved the day...
That was where the deviation this chart begun, approx mid of Feb~
Most importantly, it is interesting we are at now at a turning point in BTC pricing (see other charts) and look where we are on this chart... Back on track - Not very meaningful but a nice little boost to the confidence of anyone long atm
@dnavid, conservative outlook - in fact, my prediction was mocked many times as is - my original model had a top atleast a few hundred pts higher (go figure)
The rest of the difference is accounted for by the Japanese and other high interest markets
dnavid
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@Kantardziski, I see, thanks for your reply. I have the feeling the price could still touch your model as mass adoption seems to have peaked this cycle. See imgur.com/a/DWj7y Thoughts?